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Saturday, November 13, 1999
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Industrial output grows a healthy 6.4% in H1

Buoyancy in basic and intermediate goods and electricity sector pushed up industrial growth in September 1999-2000 to 7.6%, which compares favourably with the 2.8% of September 1998-99.

Prime minister reconstitutes economic advisory council

Prime minister Atal Behari Vajpayee has reconstituted the economic advisory council inducting four new members and dropping three.

Centre unveils new five-year textile export quota policy

Abolition of the non-quota entitlement (NQE) system for yarn, fabrics and made-ups and retention of the new investor entitlement (NIE) category for garments and knitwears with stringent conditions.

FIs offer to affload MRL stake meets with tepid response

Financial institutions have received a poor response so far to their offer to sell 44 per cent stake in Modi Rubber Ltd. "We have received only five bids so far and none from well-known groups", GP Gupta, chairman of IDBI, told reporters here on Friday.

TRAI moots Rs 1cr entry fee, revenue sharing for satellite telephone firms

Telecom Regulatory Authority of India (Trai) has proposed an one-time entry fee of Rs 1 crore and 5 per cent annual revenue share of the adjusted gross revenue for global mobile personal communication by satellite service providers in the country.

Fiat begins 6-seater Multipla's trial

The Mumbai-based Fiat Ind Auto has commenced clinical trials for a new vehicle in the Indian market which will use compressed natural gas (CNG) as fuel.

Executive Briefings

bullet.jpg (687 bytes) Institutions vow to pick up state-run units' shares

bullet.jpg (687 bytes) Siemens back in black, posts Rs 35.12-crore net

bullet.jpg (687 bytes) Toyota-Kirloskar set to roll out multi-purpose Qualis in January

bullet.jpg (687 bytes) IBA-unions deadlock continues, may agree on equal split of additional cost

bullet.jpg (687 bytes) Distributor files petition against McDowell over Rs 81 lakh dues

bullet.jpg (687 bytes) Omega chalks out plan to double distribution outlets

bullet.jpg (687 bytes) Shasun Chemicals wing forms venture with US company

bullet.jpg (687 bytes) Shell Renewables charts marketing plan to push sales


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